The highly anticipated Shanghai-Hong Kong Stock Connect program is scheduled to start on Nov. 17. Mark Austen of the Asia Securities Industry & Financial Markets Association tells the WSJ's Wei Gu why there won't be big trading volumes for its first week.

This transcript has been automatically generated and may not be 100% accurate.

... the Hong Kong Shanghai Stock Connect within the next evening spent a week ... Jenny today to discuss this is not often that was the chief executive of asset ... one thing can damage the joining us ... but the one week notice at offical attending expected ... but this is a game changer for China as a big big problem for investors whether they're in Hong Kong New York London ... the wheel access to market directly ... yes you know we probably an ideal world would prefer to live more time ... with the brokers are ready ... to be getting their investors ready and we expect this to be successful from the from the opening day price of tactical a broker seventy how the day ... getting a casino customer assists lining up well and and about at that time ... well the clients would know what they need to do but there it but they will need to actually sign up this week and be ready to go by so before we get a bit of a phased in approach to to to launch ... the sort of expecting huge volumes ... on day one will probably take a few weeks to build up over on who has ... ever to be ironed out yet ... well everything is all the main aspects of dinar note there's been a really great cooperation between the CSR see in the SSC is most the two exchanges ... there's just one one ... big question left not is what happened to its ... we understand it should be announced shortly we hope that announcement comes before the launch ... and in that ... sense the cap which these acts ... is being given an exemption to to clients when this goes on ... what he expects the market to react when an F on sale but ... well we we do expect them to get the isthe aam big if ... if if we had a month we got to it ... um but over time the the volumes will come ... and this is this is a big game changer for China investors view access to market directly ... having never been able to do that before ... so we expect the volumes of over time ... and there is a contest on the lawn and content ... that's correct to produce one get one to two percent of market cap ... this is a fun project but this will grow over time for sure the rank and nineteen talk about change and into ... the Stock Connect ... and and exchanges like ... and also saying that just as well ... do you see the sky next to the repeat repeat and ask ... yet we we expected ... to grow as it said ... and we expect potentially Shenzen to be the next two cents and Hong Kong ... but here as you mention Japan London New York everybody's interested in this ... we expect that this is the method that China would use to open up their markets going forward ... so be it on shore and offshore quotas ... on which matched each other so that China can manage this FX risk ... but this is certainly the the the the ... the type of ... model but we expect the news going forward ... I lastly if there is any any lesson from the hick ups of this process ... what that may ... well as I said there is great cooperation between the CSR see in the SSC ... and the exchanges in the clear clearers aam but going forward we needed a bit more quart nation ... on the lawn states and a bit more telegraphing to the market so they can be prepared ... but you this is a learning ... experience for China is the first time they've done this we expect the future will get that right ... I think you so much ...